It's such a small chance, right? It can't possibly happen.

We hear this all the time in security.

People have often thought their bitcoin was safe from custodial failures. Then, FTX happened. Prime Trust. Celsius. The list goes on and on.

Today is no different. If you hold an ETF, you're hoping a custodian doesn't fumble the bag.

Read more about the custodial risk of ETFs below.